A Bleak Outlook Continues For Corus From A Key Analyst
The National Bank of Canada has reiterated its rather downbeat price target for the Toronto-headquartered broadcast media company that is the parent of the Global TV network, a host of cable TV channels and a group of radio stations including "Q107" in both Calgary and Canada's largest market.
Comcast Targets Multi-Billion Debt Exchange Via Bond Offers
Comcast Corporation is taking fresh steps to reshape its balance sheet, unveiling plans to refinance nearly $10 billion of bonds coming due later this decade. On Monday, the company launched a pair of related transactions to manage debt ahead of looming maturities in 2027 through 2029.
Sinclair Local Media Head Agrees To New Employment Deal
The individual who serves as the COO and President of Local Media for Sinclair Broadcast Group has signed a new employment agreement with the over-the-air TV station licensee, retroactive to the start of 2025. What does this mean for Rob Weisbord?
Nexstar Execs To Appear At Four Institutional Investor Affairs
The nation's top owner of broadcast TV stations, which seeks to acquire TEGNA, has confirmed that Chief Financial Officer Lee Ann Gliha of its C-Suite will participate in four institutional investor conferences in September and October. CEO Perry Sook will join her for three of those events.
SiriusXM Extends Its Loan Repayment Deadline
SiriusXM and its lenders have agreed on an amendment to the satellite broadcaster’s existing credit agreement that pushes the window on its existing debt down the road, while increasing maximum borrowing capacity by another $250 million.
Shares of iHeartMedia Surge As CEO Snaps Up Shares
What's driving the surge in iHeartMedia shares to a price last seen seven months ago? Perhaps a sizable stock purchase acquisition made by Bob Pittman sparked "IHRT."
Scripps Signs With U.S. Bank To Issue New 2030 Notes
The E.W. Scripps Co. has entered into an indenture with U.S. Bank that will see the broadcast TV station ownership group issue $750 million aggregate principal amount of new 9.875% senior secured second lien notes due 2030.
Beasley Poised To Close Out Q2 Earnings Season
The company presenting itself as Beasley Media Group has announced when it will release its second quarter fiscal report card, and subsequently host an earnings call for analysts and investors featuring its CEO and CFO.
Ahead Of Its Q2 Reveal, Nexstar Board OKs Dividend
Nexstar Media Group is putting the final preparations on its second quarter earnings results, scheduled for a Thursday morning release. Ahead of the Q2 fiscal report card and the company's conference call for shareholders and analysts, Nexstar's board declared a quarterly cash dividend.
Three Radio Station Ownership Groups Confirm Q2 Plans
We now know when the financial results for the three-month period ending June 30 will be released from iHeartMedia, Cumulus Media and Entravision Communications.
Gray Media Gets Another Upsizing As It Prices 2023 Notes
Gray Media late Tuesday revealed the pricing of its previously announced private offering of $775 million aggregate principal amount of 7.250% senior secured first lien notes due 2033.
Gray Announces Closing of 2032 Notes
Gray Media has completed its previously announced offering of $900 million aggregate principal amount of 9.625% senior secured second lien notes due 2032. The Notes were issued at par.
Gray Media Finalizes Its Q2 Earnings Reveal Plans
With a preview of its second quarter earnings exciting investors and one top Wall Street analyst, Gray Media has now shared when it will distribute and discuss its official Q2 2025 report.
Nexstar Selects Its Q2 2025 Earnings Release Date
The nation's largest broadcast television station ownership group, which also owns the NewsNation cable TV enterprise and WGN Radio, has announced when it will release and discuss its second quarter financial results for 2025.
Nexstar Shareholders Back Board, Auditor With Broad Approval
Nexstar Media Group cruised through its 2025 annual meeting with overwhelming shareholder support for board elections, executive compensation, and auditor ratification, as investors signaled continued confidence in the company’s leadership.